21 July 2021

 Concurrent Technologies Plc

(the ‘Company’) 

Board Changes

The Board of Concurrent Technologies Plc (AIM:CNC), a world leading specialist in the design and manufacture of high-performance embedded computer boards for critical applications, is pleased to announce the appointment of Jonathan Martin as Chief Financial Officer and as an executive director of the Company with effect from 1 August 2021.

Jonathan has been the Group Financial Controller of the Company since June 2017 and is a member of the Chartered Institute of Management Accountants with 23 years of experience acting in financial operations.

In addition, the Company confirms that further to the announcement of 12 May 2021, following a handover period with Dr Miles Adcock, Jane Annear will officially retire and cease to be a director of the Company on 31 July 2021.

Mark Cubitt, Non-executive Chairman of Concurrent Technologies, commented:

“We are delighted to welcome Jonathan to the Board as Chief Financial Officer of Concurrent Technologies. Jonathan has been a member of the senior management team over the last four years and has a detailed understanding of our business. We also thank Jane for her outstanding service to the Company over the last 36 years and wish her a long and happy retirement.”

Enquiries:

Concurrent Technologies Plc
Miles Adcock – CEO +44 (0)1206 752626
Newgate (Financial PR)
Bob Huxford +44 (0)20 7653 9848
Isabelle Smurfit +44 (0)20 7653 3411
Cenkos Securities Plc (NOMAD)
Neil Mcdonald +44 (0)131 220 9771
Peter Lynch +44 (0)131 220 9772

 

The following information regarding the appointment of Jonathan Martin is required to be disclosed under Schedule 2(g) of the AIM Rules for Companies:

 

Full Name: John (Jonathan) George Martin
Age: 53

There are no further disclosures to be made under Schedule 2(g) of the AIM Rules for Companies.

 Note to Editors:

About Concurrent Technologies Plc

Concurrent Technologies Plc develops and manufactures high-end embedded computer products for use in a wide range of high performance, long life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments. The processor products feature Intel® processors, including the latest 9th generation embedded Intel® Core™ processors, Intel® Xeon® and Intel® Atom™ processors.  The products are designed to be compliant with industry specifications and support many of today’s leading embedded Operating Systems.  The products are sold world-wide.

For more information on Concurrent Technologies Plc and its products please visit www.gocct.com.

All trademarks, registered trademarks and trade names used in this announcement are the property of their respective owners.